Which Statement Best Describes the Significance of the Health Plan

question 17

Multiple Choice

Which statement best describes the significance of the Health Plan Effectiveness Data and Information Set (HEDIS) ?

• A)Data are publicized so consumers can make informed decisions about where to go for care
• B)Data are used to measure performance in the accreditation of managed care organizations (MCOs)
• C)Obvious improvement in the provision of health care has resulted from requiring health care providers to collect and analyze such data
• D)Physicians and other health care providers can publicize the data to market their services to new clients.

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Definitions:

Maturity Value

The amount to be received at the maturity of a financial instrument, typically including both the principal and interest.

Calculating Interest

The process of determining the interest payment on a loan or investment, based on the principal amount, rate, and time.

Dishonored Note

A promissory note that has not been paid by the maker at its maturity date, resulting in a default.

Journalize Entry

The act of recording a transaction in the accounting journal as part of the bookkeeping process.